After suffering an economic collapse, Venezuela's economy is showing signs of recovery due to a resurgence in its oil industry. With assistance from allies Russia, China, and Iran, Venezuela has ...

(Bloomberg) -- One of the key reasons Venezuela’s economy is slowly recovering from the worst collapse in modern history is an oil giant 2,200 miles away: Chevron Corp. The Houston-based company, ...

Donald Trump's return to the presidency in 2025 brought a decisive end to U.S. oil concessions granted to Venezuela under Joe ...

CARACAS, March 29 (Reuters) - Venezuelan mayors desperate for cash are levying hefty tax hikes and launching aggressive collection campaigns that have spurred complaints from businesses already ...

MIAMI (CBSMiami/AP) - The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations between the U.S.-backed opposition and ...

CARACAS (Reuters) - Venezuela's economy grew more than 5% in 2023 and growth will reach 8% this year, President Nicolas Maduro said on Monday during his annual address to the government-allied ...

After a decade of harrowing economic contraction and hyperinflation — and after ending a raft of disastrous polices — Venezuela likely saw growth last year. Venezuela in recent years has been home to ...

This story was produced by our colleagues at the BBC. It wass midafternoon in the Venezuelan city of Merida, and restaurants were clearing up after the lunchtime rush. There are finally signs of ...

A man carries a sack of coffee that he will sell or exchange in Biscucuy, Venezuela on July 1, 2024 - Copyright AFP Juan BARRETO A man carries a sack of coffee that ...

CARACAS, Nov 18 (Reuters) - Venezuelan President Hugo Chavez said on Wednesday the South American oil producer's economic slide was largely due to its compliance with OPEC-mandated production cuts.